There is a very simple method for trading cryptocurrencies that keeps you 'always earning'.
In the cryptocurrency world, if you keep losing and want to adjust quickly, you need to find a way to earn a principal of 1 million. To turn tens of thousands into a principal of 1 million, there is only one way: rolling positions.
When you have a principal of 1 million, you will find that your entire life seems to be different. Even if you do not use leverage, if you have a spot increase of 20%, that would be 200,000, which is already the ceiling of annual income for the vast majority of people.
Moreover, when you can grow from tens of thousands to 1 million, you will also grasp some strategies and logic for making big money. At this point, your mindset will calm down a lot, and from then on, it's just copy and paste.
Don't always think about millions or billions; start from your own actual situation. Bragging only makes the bull comfortable. Trading requires the ability to identify the size of opportunities. You can't always be in light positions, nor can you always be in heavy positions. Usually, just play with small guns, and when a big opportunity comes, then bring out the big guns.
For example, rolling positions is a big opportunity that can only be acted upon when the time comes. You cannot always roll; it’s okay to miss out because you only need to roll successfully three or four times in your lifetime to go from zero to tens of millions. Tens of millions are enough for an ordinary person to upgrade to the ranks of the wealthy.
A few points to note when rolling positions:
1. Sufficient patience. The profits from rolling positions are huge. As long as you can roll successfully a few times, you can earn at least tens of millions or even billions. So you cannot roll easily; you need to look for high-certainty opportunities.
2. High-certainty opportunities refer to a horizontal consolidation after a sharp drop, followed by an upward breakout. At this point, the probability of trending is very high. Identify the point of trend reversal and get on board from the beginning.
3. Only roll more;
